Property profile

2030 Grand Ave Lindenhurst, IL 60046

OFF-MARKET
Banks
Property ID
US28-4607818
4,292 SF 1.33 ac lot Built 2007
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 4,292 square foot retail property, located at 2030 E Grand Ave in Lindenhurst, Illinois, presents a unique investment opportunity. Built in 2007, this single-tenant building sits on a 1.42-acre lot and is ideally situated for continued success. The current lease agreement extends until March 2037, providing long-term stability and predictable income. The property's flexible design allows for subdivision, with the potential to create two separate 2,146 square foot spaces, catering to a wider range of potential tenants. Lindenhurst's thriving business environment, home to over 30 Fortune 500 companies across diverse industries, ensures a strong market for retail ventures. The property benefits from its convenient location just west of Gurnee Mills Mall, the largest outlot and shopping destination in the area, guaranteeing high visibility and foot traffic. This presents a compelling opportunity for investors seeking a stable, long-term investment in a prime retail location within a robust economic environment. The property's size and flexibility make it suitable for a variety of retail uses, offering significant potential for future growth and profitability. The zip code is 60046.

Property profile

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2007
Construction BRICK
Total area 4,292 SF
Lot 1.33 ac (58,022 SF)
APN 06-02-213-045
UPID US28-4607818

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm Accounting Firm

Location

2030 Grand Ave Lindenhurst, IL 60046-9069
Lindenhurst metro Census 861008 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$365k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$365k

Owner & transaction history

since 2021
1 recorded transaction
2021
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2030 Grand Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message